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Asian Shares Mixed Amid China-Japan Row
Asian stocks ended mixed on Wednesday as tensions between China and Japan escalated, and weak U.S. data spurred hopes for more rate cuts.
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249 days ago
Australia Inflation Eases To 3.4%
Australia inflation slowed more than expected to a three-month low in November but core inflation remained stable, the Australian Bureau of Statistics said on Wednesday. The consumer price index rose 3.4 percent year-on-year in November, slower than the 3.8 percent increase in October. This was the slowest since August. Inflation was seen at 3.6 percent.
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249 days ago
Elon Musk's XAI Raises $20 Bln Funding, With Backing From Nvidia And Qatar
Elon Musk's artificial intelligence firm xAI announced that it has raised $20 billion in upsized Series E funding round, exceeding the $15 billion targeted round size, with backing from AI chip major Nvidia Corp. and Qatar. The company, which aims to rapidly accelerating its progress in building advanced AI, expects the financing to support infrastructure buildout, and to enable the rapid develop
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249 days ago
European Shares Seen Mostly Higher In Cautious Trade
European stocks may open broadly higher on Wednesday after fresh records for the Dow and the S&P 500 overnight.
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249 days ago
European Economic News Preview: German Unemployment, Retail Sales Data Due
Unemployment and retail sales from Germany and flash inflation from the euro area are the top economic news due on Wednesday. At 2.00 am ET, Destatis is scheduled to issue Germany's retail sales data for November. Sales are forecast to grow 0.2 percent on a monthly basis after falling 0.3 percent in October.
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249 days ago
Indian Shares Subdued As Tariff And Geopolitical Worries Weigh
Indian shares were subdued in early trade on Wednesday, with geopolitical tensions and tariff-related concerns keeping investors on edge.
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249 days ago
Australian Market Maintains Early Gains In Mid-market
The Australian stock market is maintaining its early gains in mid-market moves on Wednesday, reversing the losses in the previous session, with the benchmark S&P/ASX 200 moving above the 8,700 level, following the broadly positive cues from Wall Street overnight, with gains in gold miners and technology stocks partially offset by weakness in energy and financial stocks.
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249 days ago
more news
Asian Markets Trade Mixed
Asian stock markets are trading mixed on Wednesday, following the broadly positive cues from Wall Street overnight, amid the rising geopolitical tensions between the US and Venezuela as well as China and Japan on escalating tensions over Taiwan. Traders also remain cautious ahead to the release of several key U.S. economic reports later in the week. Asian markets closed mostly higher on Tuesday.
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249 days ago
U.S. Dollar Climbs Against Majors
The U.S. dollar climbed against its major counterparts in the New York session on Tuesday.
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249 days ago
Indian Shares Set For Subdued Start
Indian shares look set to open on a weak note Wednesday as investors weigh the risk of fresh U.S. tariffs and rising geopolitical tensions.
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249 days ago
Australia Building Permits Surge 15.2% In November
The total number of building permits issued in Australia in was up a seasonally adjusted 15.2 percent on month in November, the Australian Bureau of Statistics said on Wednesday - coming in at 18,406.
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249 days ago
Japan Services Index Slows In December - Jibun
The services sector in Japan continued to expand in December, albeit at a slower pace, the latest survey from Jibun Bank revealed on Wednesday with a services PMI score of 51.1.
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249 days ago
Thai Shares May Bounce Higher Again On Wednesday
The Thai stock market on Tuesday ended the two-day winning streak in which it had improved more than 25 points or 2 percent. The Stock Exchange of Thailand now rests just beneath the 1,275-point plateau although it's expected to rebound on Wednesday.
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249 days ago
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